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Report Date : |
12.11.2013 |
IDENTIFICATION DETAILS
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Name : |
SAMSUNG FINE CHEMICALS CO LTD |
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Registered Office : |
190, |
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Country : |
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Financials (as on) : |
31.12.2012 |
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Date of Incorporation : |
27.08.1964 |
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Legal Form : |
Public Subsidiary |
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Line of Business : |
Subject is engaged in the provision of chemical products |
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No. of Employees : |
1,110 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Source
: CIA
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SAMSUNG FINE
CHEMICALS CO LTD |
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SAMSUNG FINE CHEMICALS CO., LTD. is a Korea-based company
engaged in the provision of chemical products. The Company produces three
categories of products: general chemicals, including ammonia, urea, caustic
soda and methanol; fine chemicals, including mecellose, dimethylformamide
(DMF), dimethylacetamide (DMAC), propyl trimethylammonium chloride (PTAC),
hypromellose, epichlorohydrin (ECH) and others, which are used in
construction, pharmaceutical, fiber and other industries, as well as
electronic chemical materials, including barium tianate powders (BTPs) used
as materials of multi-layer ceramic capacitors (MLCCs) and
tetramethylammonium chloride (TMAC) used as raw materials of semiconductor
development. It distributes its products within domestic market and to
overseas markets. For the six months ended 30 June 2013, Samsung Fine
Chemicals Co Ltd revenues decreased 6% to W680.27B. Net income decreased 92%
to W3.96B. Revenues reflect |
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Industry |
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ANZSIC 2006: |
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ISIC Rev 4: |
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NACE Rev 2: |
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NAICS 2012: |
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US SIC 1987: |
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Key IDSM Number: 43161549
1 - Profit & Loss Item Exchange Rate: USD 1 = KRW 1126.849
2 - Balance Sheet Item Exchange Rate: USD 1 = KRW 1066.4
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
|
|
Holding Companies |
|
263,000 |
|
|
Subsidiary |
|
|
Audio and Video Equipment Manufacturing |
178,465.5 |
93,322 |
|
|
Subsidiary |
Yongin-si, Gyeonggi-do |
|
Semiconductor and Other Electronic Component Manufacturing |
19,793.7 |
39,000 |
|
|
Subsidiary |
Voderady |
|
Communications Equipment Manufacturing |
869.2 |
901 |
|
|
Subsidiary |
|
|
Audio and Video Equipment Manufacturing |
4,506.0 |
8,135 |
|
|
Subsidiary |
Yen Phong, |
|
Communications Equipment Manufacturing |
1,000.0 |
7,000 |
|
|
Subsidiary |
|
|
Audio and Video Equipment Manufacturing |
5,124.3 |
6,000 |
|
|
Subsidiary |
|
|
Communications Equipment Manufacturing |
4,397.9 |
5,800 |
|
|
Subsidiary |
MĂ©xico, D.F. |
|
Electronics Wholesale |
1,723.0 |
2,960 |
|
|
Subsidiary |
Seongnam-si, Gyeonggi-do |
|
Electronics and Appliances Stores |
1,670.4 |
2,880 |
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
282.7 |
2,500 |
|
|
Subsidiary |
Bekasi |
|
Semiconductor and Other Electronic Component Manufacturing |
|
2,000 |
|
|
Subsidiary |
|
|
Computer and Peripheral Equipment Manufacturing |
|
2,000 |
|
|
Subsidiary |
Warszawa |
|
Audio and Video Equipment Manufacturing |
1,907.7 |
1,690 |
|
|
Subsidiary |
Galanta |
|
Audio and Video Equipment Manufacturing |
4,383.8 |
1,682 |
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
|
1,600 |
|
|
Subsidiary |
JĂ¡szfĂ©nyszaru |
|
Audio and Video Equipment Manufacturing |
3,944.8 |
1,550 |
|
|
Subsidiary |
Suwon-si, Gyeonggi-do |
|
Appliance Repair and Maintenance |
696.0 |
1,440 |
|
|
Subsidiary |
Seremban, Negeri Sembilan |
|
Computer and Peripheral Equipment Manufacturing |
1,480.7 |
1,200 |
|
|
Subsidiary |
|
|
Computer and Peripheral Equipment Manufacturing |
|
1,000 |
|
|
Subsidiary |
|
|
Miscellaneous Wholesale |
5,083.0 |
910 |
|
|
Subsidiary |
Cernusco |
|
Electronics Wholesale |
2,621.3 |
396 |
|
|
Subsidiary |
Weybridge, |
|
Electrical Equipment and Appliances Manufacturing |
258.9 |
19 |
|
|
Subsidiary |
|
|
Computer and Peripheral Equipment Manufacturing |
725.7 |
900 |
|
|
Subsidiary |
Cheonan-si, Chungcheongnam-Do |
|
Machinery and Equipment Manufacturing |
659.0 |
890 |
|
|
Subsidiary |
Chonan, Chungchongnam-Do |
|
Semiconductor and Other Electronic Component Manufacturing |
158.6 |
612 |
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Holding Companies |
10,772.1 |
600 |
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Electronics Wholesale |
4,250.8 |
400 |
|
|
Subsidiary |
Suwon-si, Gyeonggi-do |
|
Road Transportation Services |
1,135.7 |
542 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
400 |
|
|
Subsidiary |
Chonan, Chungchongnam-Do |
|
Machinery and Equipment Manufacturing |
55.4 |
378 |
|
|
Subsidiary |
|
|
Audio and Video Equipment Manufacturing |
2,374.1 |
336 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
975.5 |
300 |
|
|
Subsidiary |
|
|
Metals and Minerals Wholesale |
1,323.7 |
225 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
4,040.8 |
224 |
|
|
Subsidiary |
Eschborn, Hessen |
|
Semiconductor and Other Electronic Component Manufacturing |
4,691.0 |
215 |
|
|
Subsidiary |
Kista |
|
Electronics Wholesale |
1,554.1 |
211 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
150 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
1,000 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
1,000 |
|
|
Branch |
|
|
Electronics Wholesale |
9.6 |
7 |
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|
Branch |
|
|
Semiconductor and Other Electronic Component Manufacturing |
4.2 |
7 |
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|
Branch |
|
|
Semiconductor and Other Electronic Component Manufacturing |
3.5 |
7 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
300 |
|
|
Branch |
|
|
Telecommunications Resellers |
3.0 |
8 |
|
|
Branch |
|
|
Electronics Wholesale |
14.2 |
6 |
|
|
Branch |
|
|
Electronics and Appliances Stores |
1.2 |
5 |
|
|
Branch |
|
|
Electronics Wholesale |
8.3 |
3 |
|
|
Subsidiary |
|
|
Telecommunications Resellers |
1.1 |
3 |
|
|
Branch |
|
|
Telecommunications Resellers |
0.4 |
1 |
|
|
Subsidiary |
|
|
Miscellaneous Information Services |
|
200 |
|
|
Branch |
|
|
Miscellaneous Information Services |
1.3 |
8 |
|
|
Branch |
|
|
Computer and Peripheral Equipment Manufacturing |
7.2 |
6 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
180 |
|
|
Branch |
|
|
Advertising Services |
36.8 |
150 |
|
|
Branch |
|
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Electronics and Appliances Stores |
15.9 |
70 |
|
|
Subsidiary |
|
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Medical Equipment and Supplies |
|
65 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
15.8 |
50 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
207.2 |
2,200 |
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
25 |
|
|
Branch |
|
|
Electronics Wholesale |
14.8 |
6 |
|
|
Branch |
|
|
Computer, Office Equipment and Software Merchant Wholesalers |
10.8 |
6 |
|
|
Branch |
|
|
Electronics and Appliances Stores |
1.1 |
5 |
|
|
Branch |
|
|
Electronics and Appliances Stores |
1.1 |
5 |
|
|
Branch |
|
|
Electronics and Appliances Stores |
0.8 |
4 |
|
|
Branch |
|
|
Electronics and Appliances Stores |
0.8 |
4 |
|
|
Branch |
|
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Associations and Organizations |
|
4 |
|
|
Branch |
|
|
Home Furnishings Retail |
0.7 |
3 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
142 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
345.3 |
100 |
|
|
Subsidiary |
|
|
Wireless Telecommunications Carriers |
|
57 |
|
|
Subsidiary |
Doral, FL |
|
Electronics and Appliances Stores |
11.3 |
52 |
|
|
Subsidiary |
Kista, |
|
|
15.0 |
45 |
|
|
Subsidiary |
|
|
Computer, Office Equipment and Software Merchant Wholesalers |
1,337.8 |
42 |
|
|
Subsidiary |
|
|
Wired Telecommunications Carriers |
24.9 |
160 |
|
|
Subsidiary |
Kyiv |
|
Electronics Wholesale |
324.9 |
114 |
|
|
Subsidiary |
|
|
|
10.0 |
38 |
|
|
Samsung Electronics, Filial af Samsung Electronics Nordic Ab, Sverige |
Subsidiary |
København Sv, 1 |
|
Machinery Wholesale |
|
35 |
|
Subsidiary |
|
|
Electronics Wholesale |
|
25 |
|
|
Subsidiary |
|
|
Electronics and Appliances Stores |
8.5 |
20 |
|
|
Subsidiary |
|
|
Computer and Peripheral Equipment Manufacturing |
|
15 |
|
|
Subsidiary |
|
|
Electronics and Appliances Stores |
|
10 |
|
|
Subsidiary |
|
|
Electronics and Appliances Stores |
1.2 |
5 |
|
|
Subsidiary |
|
|
Chemical Wholesale |
|
5 |
|
|
Branch |
Taguig |
|
Semiconductor and Other Electronic Component Manufacturing |
|
4 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
3 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
551.0 |
1 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
10,733.7 |
|
|
|
Subsidiary |
|
|
Internet and Web Services |
9,693.3 |
|
|
|
Branch |
|
|
Commercial Real Estate Leasing |
|
|
|
|
Subsidiary |
Wan Chai, |
|
Electronics Wholesale |
6,690.0 |
|
|
|
Subsidiary |
|
|
Holding Companies |
6,356.3 |
|
|
|
Subsidiary |
|
|
Computer Programming |
13.7 |
150 |
|
|
Subsidiary |
|
|
Communications Equipment Manufacturing |
17.8 |
100 |
|
|
Subsidiary |
Minato-Ku, |
|
Electronics Wholesale |
5,375.1 |
|
|
|
Subsidiary |
Gurgaon, Haryana |
|
Audio and Video Equipment Manufacturing |
4,078.4 |
|
|
|
Subsidiary |
Ciudad De |
|
Electronics and Appliances Stores |
2,221.8 |
|
|
|
Subsidiary |
Borovskiy Rayon, Kaluzhskaya Oblast |
|
Audio and Video Equipment Manufacturing |
1,947.1 |
|
|
|
Subsidiary |
BogotĂ¡ DC |
|
Electronics Wholesale |
750.2 |
|
|
|
Subsidiary |
Metro |
|
Electronics Wholesale |
301.3 |
|
|
|
Subsidiary |
Hongchon, Kangwon-Do |
|
Electromedical and Control Instruments Manufacturing |
215.0 |
|
|
|
Subsidiary |
|
|
Miscellaneous Professional Services |
|
422 |
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
5.0 |
34 |
|
|
Subsidiary |
Hoofddorp, Noord-Holland |
|
Medical Equipment and Supplies |
|
15 |
|
|
Subsidiary |
Pune, |
|
Metal Products Manufacturing |
196.6 |
|
|
|
Subsidiary |
|
|
Miscellaneous Professional Services |
162.4 |
|
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
14.4 |
|
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
|
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Electromedical and Control Instruments Manufacturing |
|
55 |
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
8.0 |
29 |
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
|
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
Bresso |
|
Electromedical and Control Instruments Manufacturing |
|
|
|
|
Subsidiary |
|
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Audio and Video Equipment Manufacturing |
|
|
|
|
Subsidiary |
|
|
Miscellaneous Wholesale |
|
|
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
|
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
|
|
|
Subsidiary |
|
|
Research and Development Services |
|
|
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
|
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
|
|
|
Subsidiary |
|
|
Electrical Equipment and Appliances Manufacturing |
|
|
|
|
Subsidiary |
|
|
Electrical Equipment and Appliances Manufacturing |
|
1,000 |
|
|
Subsidiary |
|
|
Non-Metallic Mineral Product Manufacturing |
|
|
|
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Affiliates |
|
|
Ship and |
12,858.4 |
13,810 |
|
|
Subsidiary |
|
|
Ship and |
140.3 |
4,500 |
|
|
Subsidiary |
|
|
Ship and |
97.6 |
1,300 |
|
|
Subsidiary |
Changwon |
|
Metal Products Manufacturing |
104.4 |
321 |
|
|
Affiliates |
|
|
Semiconductor and Other Electronic Component Manufacturing |
7,022.1 |
12,271 |
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
470.8 |
2,400 |
|
|
Subsidiary |
|
|
Semiconductor and Other Electronic Component Manufacturing |
24.4 |
1,000 |
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Professional and Commercial Equipment Wholesale |
308.7 |
150 |
|
|
Subsidiary |
|
|
Miscellaneous Wholesale |
318.6 |
47 |
|
|
Subsidiary |
|
|
Electronics Wholesale |
|
4 |
|
|
Subsidiary |
|
|
Audio and Video Equipment Manufacturing |
|
130 |
|
|
Subsidiary |
Metro |
|
Semiconductor and Other Electronic Component Manufacturing |
301.3 |
|
|
|
Subsidiary |
Wan Chai, |
|
Electronics Wholesale |
23.3 |
|
|
|
Subsidiary |
Chachoengsao |
|
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
Samsung Electro-Mechanics |
Subsidiary |
|
|
|
|
|
|
Subsidiary |
Muang, Nakhon Ratchasima |
|
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
Affiliates |
|
|
Life and Health Insurance |
26,839.6 |
6,800 |
|
|
Subsidiary |
|
|
Insurance Agents |
|
642 |
|
|
Subsidiary |
|
|
Banking |
3.2 |
8 |
|
|
Affiliates |
Gumi |
|
Synthetic Chemical Manufacturing |
5,333.4 |
5,191 |
|
|
Subsidiary |
|
|
Textile Manufacturing |
24.4 |
820 |
|
|
Subsidiary |
|
|
Clothing and Apparel Wholesale |
29.2 |
112 |
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Clothing and Apparel Wholesale |
97.5 |
50 |
|
|
Subsidiary |
Milano |
|
Miscellaneous Wholesale |
24.8 |
8 |
|
|
Subsidiary |
Milano |
|
Clothing and Apparel Stores |
3.0 |
4 |
|
|
Subsidiary |
|
|
Clothing and Apparel Wholesale |
|
|
|
|
Affiliates |
Changwon |
|
Weapons and Ammunition Manufacturing |
2,604.3 |
4,991 |
|
|
Subsidiary |
|
|
Miscellaneous Wholesale |
137.0 |
79 |
|
|
Subsidiary |
Schwalbach Am Taunus, Hessen |
|
Miscellaneous Wholesale |
123.9 |
30 |
|
|
Samsung Techwin Co., Ltd., Samsung Techwin Co., Ltd.(Division) |
Branch |
Songnam, Kyonggi-Do |
|
Nonclassifiable Establishments |
|
|
|
Samsung Techwin Co., Ltd., Samsung Techwin Head Office Inter Company Labor Welfare Fund |
Branch |
Songnam, Kyonggi-Do |
|
Associations and Organizations |
|
|
|
Affiliates |
|
|
Miscellaneous Amusement and Recreation |
2,425.5 |
4,785 |
|
|
Affiliates |
|
|
Banking |
3,387.9 |
3,276 |
|
|
Affiliates |
|
|
Agricultural Chemical Manufacturing |
1,270.1 |
1,110 |
|
|
Joint Venture |
|
|
Basic Chemical Manufacturing |
|
7 |
|
|
Affiliates |
|
|
Basic Chemical Manufacturing |
|
300 |
|
|
Joint Venture |
|
|
Petroleum Wholesale |
|
200 |
|
|
Affiliates |
|
|
Research and Development Services |
|
195 |
|
|
Subsidiary |
|
|
Broadcasting and Media |
16.9 |
40 |
|
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Samsung Fine Chemicals Co Ltd
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©1983-2013 Reuters Research Inc. All Rights Reserved. |
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Financials in: USD (mil) |
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|
Except for share items (millions) and per share items (actual units) |
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31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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UpdateType/Date |
Updated |
Reclassified |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate (Period Average) |
1126.848795 |
1107.891393 |
1156.281981 |
1276.385219 |
1100.562842 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
1,270.1 |
1,203.7 |
977.8 |
813.5 |
1,027.6 |
|
Revenue |
1,270.1 |
1,203.7 |
977.8 |
813.5 |
1,027.6 |
|
Total Revenue |
1,270.1 |
1,203.7 |
977.8 |
813.5 |
1,027.6 |
|
|
|
|
|
|
|
|
Cost of Revenue |
1,123.7 |
1,059.8 |
855.3 |
689.7 |
859.0 |
|
Cost of Revenue, Total |
1,123.7 |
1,059.8 |
855.3 |
689.7 |
859.0 |
|
Gross Profit |
146.4 |
143.9 |
122.6 |
123.8 |
168.5 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
51.5 |
42.3 |
43.4 |
35.2 |
43.2 |
|
Labor & Related Expense |
19.5 |
18.1 |
19.4 |
12.2 |
13.0 |
|
Advertising Expense |
- |
- |
- |
1.4 |
1.5 |
|
Total Selling/General/Administrative Expenses |
71.0 |
60.4 |
62.7 |
48.8 |
57.6 |
|
Research & Development |
23.3 |
15.4 |
7.1 |
3.2 |
4.6 |
|
Depreciation |
1.9 |
0.7 |
0.6 |
0.6 |
0.7 |
|
Amortization of Intangibles |
0.8 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Depreciation/Amortization |
2.7 |
0.7 |
0.7 |
0.6 |
0.7 |
|
Investment Income - Operating |
- |
- |
-8.0 |
- |
- |
|
Interest/Investment Income - Operating |
- |
- |
-8.0 |
- |
- |
|
Interest Expense (Income) - Net Operating Total |
- |
- |
-8.0 |
- |
- |
|
Loss (Gain) on |
- |
- |
-0.8 |
- |
- |
|
Unusual Expense (Income) |
- |
- |
-0.8 |
- |
- |
|
Other Operating Expense |
- |
- |
1.2 |
0.1 |
0.1 |
|
Other, Net |
- |
- |
-13.4 |
- |
- |
|
Other Operating Expenses, Total |
- |
- |
-12.2 |
0.1 |
0.1 |
|
Total Operating Expense |
1,220.7 |
1,136.4 |
904.8 |
742.5 |
922.0 |
|
|
|
|
|
|
|
|
Operating Income |
49.3 |
67.4 |
73.1 |
71.1 |
105.6 |
|
|
|
|
|
|
|
|
Interest Expense - Non-Operating |
-1.5 |
-0.5 |
-0.4 |
0.0 |
-0.1 |
|
Interest Capitalized - Non-Operating |
1.4 |
- |
- |
- |
- |
|
Interest Expense, Net Non-Operating |
-0.1 |
-0.5 |
-0.4 |
0.0 |
-0.1 |
|
Interest Income - Non-Operating |
2.6 |
4.7 |
6.0 |
4.4 |
7.5 |
|
Investment Income - Non-Operating |
13.6 |
13.2 |
11.2 |
10.7 |
-9.5 |
|
Interest/Investment Income - Non-Operating |
16.1 |
18.0 |
17.2 |
15.2 |
-2.0 |
|
Interest Income (Expense) - Net Non-Operating |
0.0 |
0.0 |
0.0 |
- |
- |
|
Interest Income (Expense) - Net Non-Operating Total |
16.1 |
17.5 |
16.8 |
15.2 |
-2.1 |
|
Gain (Loss) on |
4.4 |
-2.7 |
- |
-4.4 |
-1.3 |
|
Other Non-Operating Income (Expense) |
6.6 |
-2.9 |
- |
-0.5 |
-2.1 |
|
Other, Net |
6.6 |
-2.9 |
- |
-0.5 |
-2.1 |
|
Income Before Tax |
76.4 |
79.2 |
89.8 |
81.3 |
100.1 |
|
|
|
|
|
|
|
|
Total Income Tax |
11.4 |
13.0 |
16.2 |
13.4 |
22.6 |
|
Income After Tax |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Minority Interest |
0.0 |
0.0 |
0.0 |
- |
- |
|
Net Income Before Extraord Items |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Net Income |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
25.5 |
25.4 |
25.3 |
25.3 |
25.3 |
|
Basic EPS Excl Extraord Items |
2.55 |
2.61 |
2.90 |
2.68 |
3.07 |
|
Basic/Primary EPS Incl Extraord Items |
2.55 |
2.61 |
2.90 |
2.68 |
3.07 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Diluted Weighted Average Shares |
25.5 |
25.4 |
25.4 |
25.4 |
25.4 |
|
Diluted EPS Excl Extraord Items |
2.55 |
2.60 |
2.90 |
2.67 |
3.05 |
|
Diluted EPS Incl Extraord Items |
2.55 |
2.60 |
2.90 |
2.67 |
3.05 |
|
Dividends per Share - Common Stock Primary Issue |
0.58 |
0.59 |
0.56 |
0.51 |
0.59 |
|
Gross Dividends - Common Stock |
14.7 |
14.9 |
14.3 |
12.9 |
14.9 |
|
Interest Expense, Supplemental |
0.1 |
0.5 |
0.4 |
0.0 |
0.1 |
|
Interest Capitalized, Supplemental |
-1.4 |
- |
- |
- |
- |
|
Depreciation, Supplemental |
54.0 |
49.5 |
42.2 |
35.7 |
43.7 |
|
Total Special Items |
-4.4 |
2.7 |
-0.8 |
4.4 |
1.3 |
|
Normalized Income Before Tax |
72.0 |
81.9 |
89.1 |
85.8 |
101.4 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-0.7 |
0.4 |
-0.1 |
0.7 |
0.3 |
|
Inc Tax Ex Impact of Sp Items |
10.7 |
13.4 |
16.1 |
14.2 |
22.9 |
|
Normalized Income After Tax |
61.2 |
68.5 |
73.0 |
71.6 |
78.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
61.2 |
68.5 |
73.0 |
71.6 |
78.5 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
2.41 |
2.70 |
2.88 |
2.83 |
3.11 |
|
Diluted Normalized EPS |
2.41 |
2.69 |
2.87 |
2.82 |
3.09 |
|
Amort of Intangibles, Supplemental |
4.7 |
8.8 |
3.1 |
2.8 |
2.9 |
|
Rental Expenses |
2.5 |
2.4 |
2.0 |
1.6 |
1.3 |
|
Advertising Expense, Supplemental |
- |
- |
- |
1.4 |
1.5 |
|
Research & Development Exp, Supplemental |
23.3 |
15.4 |
7.1 |
3.2 |
4.6 |
|
Normalized EBIT |
49.3 |
67.4 |
64.3 |
71.1 |
105.6 |
|
Normalized EBITDA |
108.1 |
125.6 |
109.6 |
109.6 |
152.2 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
UpdateType/Date |
Updated |
Updated |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate |
1066.400024 |
1152 |
1134.9 |
1164.475 |
1259.55 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
41.0 |
111.3 |
75.9 |
73.4 |
46.6 |
|
Short Term Investments |
0.0 |
26.8 |
114.6 |
94.5 |
31.8 |
|
Cash and Short Term Investments |
41.0 |
138.1 |
190.4 |
167.9 |
78.3 |
|
Accounts Receivable - Trade, Gross |
207.7 |
192.6 |
157.2 |
134.8 |
147.1 |
|
Provision for Doubtful Accounts |
0.0 |
0.0 |
-0.1 |
-1.1 |
-1.4 |
|
Trade Accounts Receivable - Net |
207.7 |
193.1 |
158.7 |
134.8 |
146.7 |
|
Other Receivables |
17.2 |
5.2 |
7.2 |
2.9 |
1.2 |
|
Total Receivables, Net |
225.0 |
198.4 |
165.9 |
137.7 |
147.9 |
|
Inventories - Finished Goods |
63.8 |
71.5 |
38.0 |
37.3 |
54.9 |
|
Inventories - Work In Progress |
56.6 |
16.1 |
35.5 |
29.8 |
28.5 |
|
Inventories - Raw Materials |
30.3 |
30.8 |
30.4 |
19.1 |
23.0 |
|
Inventories - Other |
50.9 |
46.4 |
52.9 |
36.8 |
24.1 |
|
Total Inventory |
201.6 |
164.9 |
156.9 |
123.0 |
130.5 |
|
Prepaid Expenses |
7.8 |
0.6 |
4.6 |
4.3 |
3.3 |
|
Deferred Income Tax - Current Asset |
- |
- |
- |
3.1 |
0.5 |
|
Other Current Assets |
0.0 |
0.3 |
0.0 |
0.1 |
0.3 |
|
Other Current Assets, Total |
0.0 |
0.3 |
0.0 |
3.2 |
0.8 |
|
Total Current Assets |
475.3 |
502.3 |
517.8 |
436.0 |
360.8 |
|
|
|
|
|
|
|
|
Buildings |
285.1 |
200.0 |
191.5 |
166.4 |
147.7 |
|
Land/Improvements |
22.1 |
20.4 |
19.7 |
19.2 |
14.5 |
|
Machinery/Equipment |
816.3 |
699.7 |
671.6 |
635.0 |
552.1 |
|
Construction in Progress |
124.2 |
77.8 |
25.5 |
51.9 |
47.1 |
|
Other Property/Plant/Equipment |
75.7 |
48.1 |
41.1 |
- |
- |
|
Property/Plant/Equipment - Gross |
1,323.3 |
1,046.0 |
949.3 |
872.4 |
761.4 |
|
Accumulated Depreciation |
-688.1 |
-630.6 |
-633.4 |
-582.2 |
-505.8 |
|
Property/Plant/Equipment - Net |
635.2 |
415.4 |
316.0 |
290.2 |
255.5 |
|
Goodwill, Net |
3.2 |
3.0 |
- |
- |
- |
|
Intangibles, Net |
37.3 |
18.5 |
30.7 |
22.2 |
20.3 |
|
LT Investment - Affiliate Companies |
109.5 |
58.1 |
41.8 |
39.1 |
28.6 |
|
LT Investments - Other |
240.8 |
210.2 |
221.6 |
84.4 |
78.0 |
|
Long Term Investments |
350.3 |
268.2 |
263.4 |
123.5 |
106.6 |
|
Note Receivable - Long Term |
0.2 |
0.2 |
- |
- |
- |
|
Deferred Income Tax - Long Term Asset |
0.9 |
0.5 |
- |
- |
- |
|
Discontinued Operations - Long Term Asset |
- |
2.9 |
- |
- |
- |
|
Other Long Term Assets |
5.2 |
4.6 |
3.7 |
8.3 |
6.3 |
|
Other Long Term Assets, Total |
6.1 |
8.0 |
3.7 |
8.3 |
6.3 |
|
Total Assets |
1,507.8 |
1,215.7 |
1,131.5 |
880.3 |
749.5 |
|
|
|
|
|
|
|
|
Accounts Payable |
92.3 |
114.9 |
86.7 |
77.3 |
33.9 |
|
Accrued Expenses |
11.2 |
15.0 |
15.4 |
15.5 |
17.3 |
|
Notes Payable/Short Term Debt |
10.0 |
16.5 |
10.6 |
0.0 |
0.0 |
|
Current Portion - Long Term Debt/Capital Leases |
- |
- |
- |
- |
0.0 |
|
Dividends Payable |
- |
0.1 |
0.1 |
0.1 |
0.1 |
|
Customer Advances |
0.4 |
3.4 |
0.6 |
0.5 |
0.3 |
|
Security Deposits |
- |
0.0 |
0.0 |
0.1 |
0.1 |
|
Income Taxes Payable |
9.7 |
9.5 |
10.5 |
8.0 |
20.5 |
|
Other Payables |
84.3 |
36.9 |
30.3 |
18.8 |
36.3 |
|
Other Current Liabilities |
3.3 |
2.9 |
2.1 |
5.6 |
2.3 |
|
Other Current liabilities, Total |
97.7 |
52.8 |
43.7 |
33.1 |
59.5 |
|
Total Current Liabilities |
211.3 |
199.2 |
156.3 |
125.9 |
110.8 |
|
|
|
|
|
|
|
|
Long Term Debt |
123.7 |
- |
- |
- |
0.4 |
|
Total Long Term Debt |
123.7 |
0.0 |
0.0 |
0.0 |
0.4 |
|
Total Debt |
133.7 |
16.5 |
10.6 |
0.0 |
0.5 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
44.0 |
37.6 |
32.8 |
6.4 |
2.1 |
|
Deferred Income Tax |
44.0 |
37.6 |
32.8 |
6.4 |
2.1 |
|
Minority Interest |
0.0 |
0.0 |
0.0 |
- |
- |
|
Pension Benefits - Underfunded |
37.0 |
26.1 |
18.6 |
12.0 |
12.6 |
|
Other Long Term Liabilities |
10.3 |
7.7 |
5.1 |
1.2 |
1.1 |
|
Other Liabilities, Total |
47.2 |
33.7 |
23.7 |
13.3 |
13.7 |
|
Total Liabilities |
426.2 |
270.6 |
212.8 |
145.5 |
127.1 |
|
|
|
|
|
|
|
|
Common Stock |
121.0 |
112.0 |
113.7 |
110.8 |
102.4 |
|
Common Stock |
121.0 |
112.0 |
113.7 |
110.8 |
102.4 |
|
Additional Paid-In Capital |
310.9 |
288.1 |
292.9 |
285.9 |
264.4 |
|
Retained Earnings (Accumulated Deficit) |
542.4 |
456.3 |
414.6 |
349.7 |
267.6 |
|
Treasury Stock - Common |
-8.8 |
-9.1 |
-10.7 |
-11.6 |
-12.0 |
|
Unrealized Gain (Loss) |
116.0 |
97.7 |
108.2 |
- |
- |
|
Translation Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Other Equity |
0.0 |
0.0 |
0.0 |
- |
- |
|
Other Comprehensive Income |
- |
0.0 |
0.0 |
- |
- |
|
Other Equity, Total |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Equity |
1,081.5 |
945.1 |
918.7 |
734.8 |
622.4 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
1,507.8 |
1,215.7 |
1,131.5 |
880.3 |
749.5 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary Issue |
25.5 |
25.4 |
25.4 |
25.3 |
25.3 |
|
Total Common Shares Outstanding |
25.5 |
25.4 |
25.4 |
25.3 |
25.3 |
|
Treasury Shares - Common Stock Primary Issue |
0.3 |
0.4 |
0.4 |
0.5 |
0.5 |
|
Employees |
- |
1,023 |
959 |
927 |
886 |
|
Number of Common Shareholders |
- |
- |
30,714 |
28,610 |
26,179 |
|
Deferred Revenue - Current |
0.4 |
3.4 |
0.6 |
0.5 |
0.3 |
|
Total Long Term Debt, Supplemental |
- |
- |
- |
- |
0.5 |
|
Long Term Debt Maturing within 1 Year |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing in Year 2 |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing in Year 3 |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing in Year 4 |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing in Year 5 |
- |
- |
- |
- |
0.1 |
|
Long Term Debt Maturing in 2-3 Years |
- |
- |
- |
- |
0.1 |
|
Long Term Debt Maturing in 4-5 Years |
- |
- |
- |
- |
0.1 |
|
Long Term Debt Matur. in Year 6 & Beyond |
- |
- |
- |
- |
0.3 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated |
Updated |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate (Period Average) |
1126.848795 |
1107.891393 |
1156.281981 |
1276.385219 |
1100.562842 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Depreciation |
54.0 |
49.5 |
42.2 |
35.7 |
43.7 |
|
Depreciation/Depletion |
54.0 |
49.5 |
42.2 |
35.7 |
43.7 |
|
Amortization of Intangibles |
4.7 |
8.8 |
3.1 |
2.8 |
2.9 |
|
Amortization |
4.7 |
8.8 |
3.1 |
2.8 |
2.9 |
|
Deferred Taxes |
- |
- |
- |
1.4 |
-4.1 |
|
Discontinued Operations |
- |
- |
0.1 |
- |
- |
|
Unusual Items |
-4.2 |
-1.7 |
0.3 |
8.3 |
3.7 |
|
Equity in Net Earnings (Loss) |
-7.2 |
-9.8 |
-11.2 |
-8.9 |
-5.8 |
|
Other Non-Cash Items |
14.8 |
14.0 |
8.0 |
5.6 |
8.9 |
|
Non-Cash Items |
3.5 |
2.6 |
-2.8 |
4.9 |
6.8 |
|
Accounts Receivable |
0.4 |
-39.5 |
-7.6 |
20.5 |
-51.8 |
|
Inventories |
-39.7 |
-11.1 |
-35.8 |
16.4 |
-59.6 |
|
Prepaid Expenses |
- |
- |
- |
-0.7 |
0.3 |
|
Other Assets |
-14.1 |
8.3 |
0.3 |
- |
- |
|
Accounts Payable |
-30.4 |
29.1 |
7.6 |
18.4 |
-3.2 |
|
Accrued Expenses |
- |
- |
- |
-2.9 |
6.7 |
|
Taxes Payable |
- |
- |
- |
-12.9 |
17.5 |
|
Other Liabilities |
-10.0 |
10.0 |
1.4 |
-1.2 |
4.8 |
|
Other Assets & Liabilities, Net |
- |
- |
- |
0.3 |
0.3 |
|
Other Operating Cash Flow |
-2.9 |
2.5 |
0.3 |
- |
- |
|
Changes in Working Capital |
-96.6 |
-0.8 |
-33.8 |
37.9 |
-85.0 |
|
Cash from Operating Activities |
30.6 |
126.3 |
82.4 |
150.7 |
41.9 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-193.8 |
-164.9 |
-61.7 |
-53.1 |
-74.1 |
|
Purchase/Acquisition of Intangibles |
-0.5 |
-3.4 |
-6.7 |
-8.4 |
-8.8 |
|
Capital Expenditures |
-194.4 |
-168.3 |
-68.4 |
-61.5 |
-82.8 |
|
|
2.2 |
0.4 |
2.9 |
0.9 |
0.5 |
|
Sale/Maturity of Investment |
10.9 |
16.5 |
8.3 |
0.0 |
82.0 |
|
Investment, Net |
27.4 |
89.5 |
-17.3 |
- |
- |
|
Purchase of Investments |
-47.9 |
-20.0 |
-0.1 |
-56.3 |
-0.4 |
|
|
0.6 |
0.0 |
2.0 |
- |
- |
|
Other Investing Cash Flow |
0.0 |
1.5 |
4.8 |
-0.7 |
-0.6 |
|
Other Investing Cash Flow Items, Total |
-6.9 |
87.8 |
0.5 |
-56.1 |
81.5 |
|
Cash from Investing Activities |
-201.3 |
-80.5 |
-67.9 |
-117.6 |
-1.4 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.0 |
0.0 |
0.0 |
0.0 |
-0.1 |
|
Financing Cash Flow Items |
0.0 |
0.0 |
0.0 |
0.0 |
-0.1 |
|
Cash Dividends Paid - Common |
-14.7 |
-14.9 |
-14.2 |
-12.9 |
-13.8 |
|
Total Cash Dividends Paid |
-14.7 |
-14.9 |
-14.2 |
-12.9 |
-13.8 |
|
Sale/Issuance of Common |
0.6 |
0.8 |
0.7 |
1.2 |
0.2 |
|
Common Stock, Net |
0.6 |
0.8 |
0.7 |
1.2 |
0.2 |
|
Issuance (Retirement) of Stock, Net |
0.6 |
0.8 |
0.7 |
1.2 |
0.2 |
|
Short Term Debt, Net |
-7.2 |
6.2 |
-0.7 |
- |
- |
|
Long Term Debt Issued |
117.0 |
- |
- |
- |
- |
|
Long Term Debt Reduction |
- |
- |
- |
-0.4 |
- |
|
Long Term Debt, Net |
117.0 |
- |
- |
-0.4 |
- |
|
Issuance (Retirement) of Debt, Net |
109.8 |
6.2 |
-0.7 |
-0.4 |
- |
|
Cash from Financing Activities |
95.6 |
-7.9 |
-14.2 |
-12.2 |
-13.6 |
|
|
|
|
|
|
|
|
Net Change in Cash |
-75.0 |
38.0 |
0.2 |
21.0 |
26.9 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
113.8 |
77.7 |
74.3 |
46.0 |
26.4 |
|
Net Cash - Ending Balance |
38.8 |
115.7 |
74.5 |
66.9 |
53.3 |
|
Cash Interest Paid |
1.0 |
0.5 |
0.4 |
- |
- |
|
Cash Taxes Paid |
11.0 |
9.3 |
13.6 |
- |
- |
|
© 1983-2013 Reuters Research Inc. All Rights Reserved. |
|
Published by OneSource Information Services, Inc., November, 2013. |
|
|
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per share items (actual units) |
|
|
|
|
|
|
|
|
|
|
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated |
Reclassified |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate (Period Average) |
1126.848795 |
1107.891393 |
1156.281981 |
1276.385219 |
1100.562842 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Finished Products |
- |
- |
- |
555.4 |
613.1 |
|
Sales Revenue of Merchandises |
- |
- |
- |
258.1 |
414.5 |
|
Sales Revenue |
1,270.1 |
1,203.7 |
977.8 |
- |
- |
|
Total Revenue |
1,270.1 |
1,203.7 |
977.8 |
813.5 |
1,027.6 |
|
|
|
|
|
|
|
|
Costs of Goods & Services Sold |
1,123.7 |
1,059.8 |
855.3 |
- |
- |
|
Cost of Finished Goods Sold |
- |
- |
- |
462.2 |
485.8 |
|
Cost of Merchandises Sold |
- |
- |
- |
227.5 |
373.2 |
|
Salaries & Wages |
13.4 |
13.7 |
14.8 |
9.6 |
10.4 |
|
Retirement & Severance Benefits |
2.1 |
1.3 |
0.8 |
1.0 |
1.0 |
|
Employee Benefits |
4.0 |
3.1 |
3.8 |
1.6 |
1.6 |
|
Rental Expense |
2.5 |
2.4 |
2.0 |
1.6 |
1.3 |
|
Depreciation |
1.9 |
0.7 |
0.6 |
0.6 |
0.7 |
|
Amort. of Intangibless |
0.8 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Taxes & Dues |
- |
- |
- |
0.3 |
0.4 |
|
Travel Expenses |
- |
- |
- |
0.8 |
1.0 |
|
Communication Expense |
- |
- |
- |
0.5 |
0.6 |
|
Repair Expense |
- |
- |
- |
0.0 |
0.1 |
|
Insurance Premiums |
- |
- |
- |
0.3 |
0.3 |
|
Sales Promotional Expense |
- |
- |
- |
0.8 |
0.9 |
|
Conference Expense |
- |
- |
- |
0.1 |
0.1 |
|
Expense of Allow. for DA |
- |
- |
- |
- |
0.6 |
|
Advertising Expenses |
- |
- |
- |
0.6 |
0.6 |
|
Distribution Expense |
25.6 |
22.8 |
26.3 |
24.1 |
29.2 |
|
Commissions |
11.0 |
1.1 |
7.8 |
6.3 |
7.7 |
|
Supply Expense |
- |
- |
- |
0.1 |
0.0 |
|
Vehicle Maintenance Expense |
- |
- |
- |
0.1 |
0.2 |
|
Publication Expense |
- |
- |
- |
0.1 |
0.1 |
|
Activity Expenses |
- |
- |
- |
0.2 |
0.3 |
|
Research Expense |
23.3 |
15.4 |
7.1 |
3.2 |
4.6 |
|
Education & Training |
- |
- |
- |
0.8 |
1.1 |
|
Other Selling & Administrative Expense |
12.4 |
16.1 |
7.2 |
- |
- |
|
Miscellaneous Expense |
- |
- |
- |
0.1 |
0.1 |
|
Dividend Income |
- |
- |
-8.9 |
- |
- |
|
Rental Income |
- |
- |
-2.5 |
- |
- |
|
Gain on Foreign Currency Transaction |
- |
- |
-11.4 |
- |
- |
|
Gain on Foreign Currency Translation |
- |
- |
-0.5 |
- |
- |
|
Gain on Disposal of PPE |
- |
- |
-1.1 |
- |
- |
|
Gain on Disposal of Intangibless |
- |
- |
-0.2 |
- |
- |
|
Gain on Currency Forwards Transaction |
- |
- |
-3.1 |
- |
- |
|
Gain-Disposal of LT Asset Held for
|
- |
- |
-3.1 |
- |
- |
|
Miscellaneous Income |
- |
- |
-7.9 |
- |
- |
|
Loss on Foreign Currency Transaction |
- |
- |
12.3 |
- |
- |
|
Loss on Foreign Currency Translation |
- |
- |
0.3 |
- |
- |
|
Loss on Disposal of PPE |
- |
- |
0.5 |
- |
- |
|
Loss-Disposal of LT Asset Held for
|
- |
- |
0.1 |
- |
- |
|
Loss on Currency Forward Transaction |
- |
- |
3.1 |
- |
- |
|
Loss on Valt of Currency Forwards |
- |
- |
0.1 |
- |
- |
|
Donations Paid |
- |
- |
0.0 |
- |
- |
|
Miscellaneous Loss |
- |
- |
1.1 |
- |
- |
|
Adj. for Other Selling & Admin. Expense |
- |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Operating Income |
- |
- |
- |
- |
- |
|
Adj. for Other Operating Expense |
- |
- |
0.0 |
- |
- |
|
Total Operating Expense |
1,220.7 |
1,136.4 |
904.8 |
742.5 |
922.0 |
|
|
|
|
|
|
|
|
Interest Income |
2.6 |
4.7 |
6.0 |
4.4 |
7.5 |
|
Dividend Income |
6.0 |
6.7 |
- |
5.2 |
4.5 |
|
Rental Income |
3.7 |
2.9 |
- |
1.6 |
1.0 |
|
Commission Income |
0.8 |
- |
- |
- |
- |
|
Gain on Foreign Currency Transaction |
12.0 |
11.8 |
0.0 |
12.5 |
18.2 |
|
Gain on Foreign Currency Translation |
1.1 |
0.6 |
- |
0.4 |
1.9 |
|
Gain on Valt of Currency Forward |
- |
0.3 |
- |
0.1 |
0.3 |
|
Gain on Currency Forward Transaction |
1.2 |
2.6 |
- |
1.5 |
17.5 |
|
Gain on Disposal of PPE |
4.7 |
0.3 |
- |
0.0 |
0.4 |
|
Gain on Disposal of Intangibless |
0.0 |
- |
- |
- |
- |
|
Gain-Disposal of F.A. Avail. for |
- |
3.9 |
- |
- |
- |
|
Miscellaneous Income |
3.6 |
4.8 |
- |
3.0 |
1.4 |
|
Reversal of Allow. for DA |
- |
- |
- |
0.3 |
- |
|
Interest Expense |
-1.5 |
-0.5 |
-0.4 |
0.0 |
-0.1 |
|
Interest Capitalized |
1.4 |
- |
- |
- |
- |
|
Loss on Foreign Currency Transaction |
-8.4 |
-12.6 |
0.0 |
-8.2 |
-49.9 |
|
Loss on Foreign Currency Translation |
-1.1 |
-2.5 |
- |
-0.7 |
-1.8 |
|
Loss-Other Investment Assets Reduction |
- |
- |
- |
- |
-1.0 |
|
Donations Paid |
0.0 |
0.0 |
- |
-0.8 |
-1.0 |
|
Loss-Disposal of Investment Assets |
- |
- |
- |
- |
0.0 |
|
Loss on Disposal of PPE |
-0.2 |
-3.0 |
- |
-0.6 |
-1.0 |
|
Impairment Losses on Property, Plant and |
- |
- |
- |
-3.3 |
- |
|
Loss-Disposal of Accounts Receivable |
- |
- |
- |
-0.5 |
-0.6 |
|
Loss on Disposal of Intangibless |
-0.1 |
- |
- |
- |
- |
|
Impmt Loss on Development Cost |
- |
-3.7 |
- |
-4.0 |
-1.7 |
|
L-Currency Futr Trad |
- |
- |
- |
-5.0 |
-2.7 |
|
Loss on Valt of Currency Forward |
-0.1 |
0.0 |
- |
-0.1 |
-0.6 |
|
Loss on Currency Forward Transaction |
-4.3 |
-3.6 |
- |
- |
- |
|
Miscellaneous Loss |
-1.5 |
-10.6 |
- |
-4.5 |
-3.5 |
|
Gain under Equity Method |
- |
- |
- |
8.9 |
5.8 |
|
Gain/Loss on Invmt in Joint Venture |
7.2 |
9.8 |
11.2 |
- |
- |
|
Adj. for Finance Income |
0.0 |
0.0 |
- |
- |
- |
|
Adj. for Finance Expense |
0.0 |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Non-Operating Income |
0.0 |
0.0 |
- |
- |
- |
|
Adj. for Other Non-Operating Expense |
0.0 |
0.0 |
- |
- |
- |
|
Net Income Before Taxes |
76.4 |
79.2 |
89.8 |
81.3 |
100.1 |
|
|
|
|
|
|
|
|
Prov. for Income Taxes |
11.4 |
13.0 |
16.2 |
13.4 |
22.6 |
|
Net Income After Taxes |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Minority Interest |
0.0 |
0.0 |
0.0 |
- |
- |
|
Net Income Before Extra. Items |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Net Income |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
25.5 |
25.4 |
25.3 |
25.3 |
25.3 |
|
Basic EPS Excluding ExtraOrdinary Items |
2.55 |
2.61 |
2.90 |
2.68 |
3.07 |
|
Basic EPS Including ExtraOrdinary Items |
2.55 |
2.61 |
2.90 |
2.68 |
3.07 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Diluted Weighted Average Shares |
25.5 |
25.4 |
25.4 |
25.4 |
25.4 |
|
Diluted EPS Excluding ExtraOrd Items |
2.55 |
2.60 |
2.90 |
2.67 |
3.05 |
|
Diluted EPS Including ExtraOrd Items |
2.55 |
2.60 |
2.90 |
2.67 |
3.05 |
|
DPS-Ordinary Shares |
0.58 |
0.59 |
0.56 |
0.51 |
0.59 |
|
Gross Dividends - Common Stock |
14.7 |
14.9 |
14.3 |
12.9 |
14.9 |
|
Normalized Income Before Taxes |
72.0 |
81.9 |
89.1 |
85.8 |
101.4 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
10.7 |
13.4 |
16.1 |
14.2 |
22.9 |
|
Normalized Income After Taxes |
61.2 |
68.5 |
73.0 |
71.6 |
78.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
61.2 |
68.5 |
73.0 |
71.6 |
78.5 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
2.41 |
2.70 |
2.88 |
2.83 |
3.11 |
|
Diluted Normalized EPS |
2.41 |
2.69 |
2.87 |
2.82 |
3.09 |
|
Interest Expense, Supplemental |
0.1 |
0.5 |
0.4 |
0.0 |
0.1 |
|
Interest Capitalized, Supplemental |
-1.4 |
- |
- |
- |
- |
|
Rental Expense, Supplemental |
2.5 |
2.4 |
2.0 |
1.6 |
1.3 |
|
Advertising Expense, Supplemental |
- |
- |
- |
1.4 |
1.5 |
|
R&D Expense, Supplemental |
23.3 |
15.4 |
7.1 |
3.2 |
4.6 |
|
Depreciation, Supplemental |
54.0 |
49.5 |
42.2 |
35.7 |
43.7 |
|
Amort of Intangibles, Supplemental |
4.7 |
8.8 |
3.1 |
2.8 |
2.9 |
|
|
|
Annual Balance Sheet |
|
Financials in: USD (mil) |
|
|
|
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
UpdateType/Date |
Updated |
Updated |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate |
1066.400024 |
1152 |
1134.9 |
1164.475 |
1259.55 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Cash Equivalents |
41.0 |
111.3 |
75.9 |
73.4 |
46.6 |
|
ST Investment Assets |
- |
- |
- |
94.5 |
31.8 |
|
Current Fincl Assets |
- |
26.8 |
114.5 |
- |
- |
|
Current Securities Held-to-Maturities |
0.0 |
0.0 |
0.0 |
- |
- |
|
Trade Receivable from Common |
204.3 |
190.2 |
155.1 |
134.8 |
147.1 |
|
Trade Receivable from Related Parties |
3.4 |
2.4 |
2.1 |
- |
- |
|
Allow. for DA for Trade Receivable |
0.0 |
0.0 |
-0.1 |
-1.1 |
-1.4 |
|
Account Receivable |
17.2 |
5.2 |
4.7 |
2.9 |
1.2 |
|
Accrued Income |
0.0 |
0.6 |
1.6 |
1.0 |
1.1 |
|
Advance Payments |
3.3 |
2.9 |
7.5 |
8.5 |
1.4 |
|
Prepaid Expense |
7.8 |
0.6 |
4.6 |
4.3 |
3.3 |
|
Prepaid Income Taxes |
0.0 |
0.0 |
- |
- |
- |
|
Currency Futures, Current Assets |
- |
- |
- |
0.1 |
0.3 |
|
Current Derivative Assets |
- |
0.3 |
- |
- |
- |
|
Deposits Received for Guarantees |
0.0 |
- |
- |
- |
- |
|
Deferred Income Taxes Debit |
- |
- |
- |
3.1 |
0.5 |
|
Current Loans |
- |
- |
2.5 |
- |
- |
|
Merchandises |
27.4 |
10.1 |
1.5 |
2.3 |
3.7 |
|
Finished Goods |
36.4 |
61.4 |
36.5 |
36.1 |
51.2 |
|
Allow. for Loss-Valt of Finished Goods |
- |
- |
- |
-1.2 |
- |
|
Semi-finished Goods |
52.0 |
16.1 |
35.5 |
33.6 |
28.5 |
|
Allowance for Loss on Valuation of Semif |
- |
- |
- |
-3.8 |
- |
|
Works in Progress |
4.5 |
- |
- |
- |
- |
|
Raw Materials |
30.3 |
30.8 |
30.4 |
19.1 |
23.0 |
|
Supplies |
12.8 |
11.2 |
11.0 |
10.9 |
9.8 |
|
Goods in Transit |
34.7 |
32.2 |
34.4 |
17.5 |
13.0 |
|
Consigned Goods |
0.1 |
- |
- |
- |
- |
|
Adj. for Trade & Other Receivable |
- |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Current Assets |
0.0 |
0.0 |
- |
- |
- |
|
Adj. for Inventories |
0.0 |
0.0 |
- |
- |
- |
|
Total Current Assets |
475.3 |
502.3 |
517.8 |
436.0 |
360.8 |
|
|
|
|
|
|
|
|
Non-Current Fincl Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Non-Current Securities Available-for-Sal |
240.4 |
209.7 |
221.2 |
- |
- |
|
Non-Current Securities Held-to-Maturitie |
0.4 |
0.4 |
0.3 |
- |
- |
|
LT Invest Secs. |
- |
- |
- |
79.7 |
73.5 |
|
Other Investment Assets |
- |
- |
- |
4.7 |
4.4 |
|
Non-Current Loans to Employees |
0.2 |
0.2 |
- |
- |
- |
|
Non-Current Other Receivable |
0.0 |
- |
- |
- |
- |
|
Guarantee Deposits, Non-Current Assets |
4.1 |
3.8 |
2.8 |
2.6 |
1.6 |
|
Other Non-Current Assets |
- |
- |
- |
5.8 |
4.7 |
|
Non-Current Prepaid Expense |
1.1 |
0.8 |
0.9 |
- |
- |
|
Equity Method Investment Securities |
- |
- |
- |
39.1 |
28.6 |
|
Invmt in Associates |
109.5 |
58.1 |
41.8 |
- |
- |
|
Non-Current Deferred Income Taxes Assets |
0.9 |
0.5 |
- |
- |
- |
|
Lands |
22.1 |
20.4 |
19.7 |
19.2 |
14.5 |
|
Buildings |
- |
- |
- |
91.2 |
79.2 |
|
Buildings Depre. |
- |
- |
- |
-24.3 |
-20.4 |
|
Structures |
- |
- |
- |
75.2 |
68.5 |
|
Structure Depre. |
- |
- |
- |
-40.6 |
-34.5 |
|
Buildings & Structures |
285.1 |
200.0 |
191.5 |
- |
- |
|
Buildings & Structures-Depreciation |
-88.4 |
-75.4 |
-72.8 |
- |
- |
|
Machineries & Equipments |
816.3 |
699.7 |
671.6 |
600.8 |
521.6 |
|
Machineries & Equipments-Depreciation |
-559.9 |
-522.4 |
-530.1 |
-488.7 |
-427.9 |
|
Accumulated Impairment Losses for Machin |
- |
- |
- |
-3.3 |
- |
|
Transport Equip. |
- |
- |
- |
3.2 |
2.6 |
|
Transport Deprec |
- |
- |
- |
-2.3 |
-1.8 |
|
Accumulated Impairment Losses for Vehicl |
- |
- |
- |
-0.1 |
- |
|
Tools |
- |
- |
- |
17.2 |
14.4 |
|
Tool/Equip Depr. |
- |
- |
- |
-13.3 |
-10.8 |
|
Accumulated Impairment Losses for Tools |
- |
- |
- |
-0.3 |
- |
|
Fixtures |
- |
- |
- |
17.5 |
13.5 |
|
Deprec. Fixtures |
- |
- |
- |
-13.0 |
-10.4 |
|
Accumulated Impairment Losses for Office |
- |
- |
- |
-0.1 |
- |
|
Other Property Plant & Equipment |
75.9 |
48.3 |
41.1 |
- |
- |
|
Other Tangibles-Depreciation |
-39.8 |
-32.8 |
-30.5 |
- |
- |
|
Government Subsidy,Total |
-0.2 |
-0.1 |
- |
- |
- |
|
Construction in Progress |
124.2 |
77.8 |
25.5 |
51.9 |
47.1 |
|
Goodwill |
3.2 |
3.0 |
- |
- |
- |
|
Industrial Property Rights |
0.4 |
0.3 |
0.3 |
0.3 |
0.2 |
|
Membership Rights |
7.3 |
7.0 |
6.8 |
- |
- |
|
Development Costs |
8.1 |
11.4 |
23.7 |
22.2 |
20.1 |
|
Government Subsidy, Total |
-0.2 |
-0.2 |
-0.2 |
-0.2 |
- |
|
Software |
21.7 |
- |
- |
- |
- |
|
Non-Current Assets Held for |
- |
2.9 |
- |
- |
- |
|
Adj. for Property, Plant & Equipment |
0.0 |
- |
0.0 |
- |
- |
|
Adj. for Intangibless |
0.0 |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Non-Current Assets |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Assets |
1,507.8 |
1,215.7 |
1,131.5 |
880.3 |
749.5 |
|
|
|
|
|
|
|
|
Current Trade Payable |
92.3 |
114.9 |
86.7 |
77.3 |
33.9 |
|
Current Trade Payable-Related Parties |
- |
0.0 |
- |
- |
- |
|
Current Borrowings |
10.0 |
16.5 |
10.6 |
- |
- |
|
Other Payable |
84.3 |
36.9 |
30.3 |
18.8 |
36.3 |
|
Advance from Customers |
0.4 |
3.4 |
0.6 |
0.5 |
0.3 |
|
Unearned Income |
- |
- |
0.1 |
0.1 |
0.0 |
|
Withheld |
3.2 |
2.8 |
2.0 |
5.5 |
1.8 |
|
Guarantee Deposit Withheld |
- |
0.0 |
0.0 |
0.1 |
0.1 |
|
Accrued Expense |
11.2 |
15.0 |
15.4 |
15.5 |
17.3 |
|
Income Taxes Payable |
9.7 |
9.5 |
10.5 |
8.0 |
20.5 |
|
Current Portion of Long-term Liabilities |
- |
- |
- |
- |
0.0 |
|
Dividend Payable |
- |
0.1 |
0.1 |
0.1 |
0.1 |
|
Current Derivatives Liabilities |
0.1 |
0.0 |
0.1 |
0.1 |
0.5 |
|
Adj. for Trade & Other Payable |
0.0 |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Current Liabilities |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Current Liabilities |
211.3 |
199.2 |
156.3 |
125.9 |
110.8 |
|
|
|
|
|
|
|
|
Bonds |
93.4 |
- |
- |
- |
- |
|
Non-Current Borrowings |
30.3 |
- |
- |
- |
0.4 |
|
Total Long Term Debt |
123.7 |
- |
- |
- |
0.4 |
|
|
|
|
|
|
|
|
Non-Current Accrued Expense |
10.3 |
7.7 |
5.1 |
1.2 |
1.1 |
|
Guarantee Deposits Withheld, Non-Current |
0.0 |
- |
- |
- |
- |
|
Non-Current Fixed Benefit Liabilities |
37.0 |
26.1 |
18.6 |
32.0 |
12.6 |
|
Deposits for Retirement and Severance Be |
- |
- |
- |
-19.9 |
- |
|
Transfer to National Pension Fund |
- |
- |
- |
-0.1 |
- |
|
Deferred Income Taxes, LT Liabilities |
44.0 |
37.6 |
32.8 |
6.4 |
2.1 |
|
Minority Interests |
0.0 |
0.0 |
0.0 |
- |
- |
|
Adj. for Other Non-current Liabilities |
- |
- |
- |
- |
- |
|
Total Liabilities |
426.2 |
270.6 |
212.8 |
145.5 |
127.1 |
|
|
|
|
|
|
|
|
Capital Stock |
121.0 |
112.0 |
113.7 |
110.8 |
102.4 |
|
Capital Surplus |
310.5 |
287.5 |
292.0 |
- |
- |
|
Additional Paid-in Capital |
- |
- |
- |
260.1 |
240.5 |
|
Other Capital Surplus |
- |
- |
- |
24.6 |
22.5 |
|
Voluntary Reserve |
- |
- |
- |
259.0 |
186.3 |
|
Legal Reserve |
- |
- |
- |
15.9 |
13.4 |
|
Unappropriated Retained Earnings |
- |
- |
- |
74.8 |
67.9 |
|
Retained Earnings |
542.4 |
456.3 |
414.6 |
- |
- |
|
Treasury Stock |
-8.8 |
-9.1 |
-10.7 |
-11.6 |
-12.0 |
|
Capital Change, Equity Method |
0.0 |
- |
- |
- |
- |
|
Gain on Valuation of Securities Availabl |
116.0 |
97.7 |
108.2 |
- |
- |
|
Overseas Bus. Translation Debit/Credit |
0.0 |
0.0 |
0.0 |
- |
- |
|
Stock Options |
0.4 |
0.6 |
0.9 |
1.1 |
1.4 |
|
Adj. for Other Capital Items |
0.0 |
0.0 |
0.0 |
- |
- |
|
Adj.-Accum. Other Comprehensive Income |
- |
0.0 |
0.0 |
- |
- |
|
Total Equity |
1,081.5 |
945.1 |
918.7 |
734.8 |
622.4 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
1,507.8 |
1,215.7 |
1,131.5 |
880.3 |
749.5 |
|
|
|
|
|
|
|
|
S/O-Ordinary Shares |
25.5 |
25.4 |
25.4 |
25.3 |
25.3 |
|
Total Common Shares Outstanding |
25.5 |
25.4 |
25.4 |
25.3 |
25.3 |
|
T/S-Ordinary Shares |
0.3 |
0.4 |
0.4 |
0.5 |
0.5 |
|
Deferred Revenue, Current |
0.4 |
3.4 |
0.6 |
0.5 |
0.3 |
|
Full-Time Employees |
- |
1,023 |
959 |
927 |
886 |
|
Number of Common Shareholders |
- |
- |
30,714 |
28,610 |
26,179 |
|
Long Term Debt Maturing within 1 Year |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing within 2 Years |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing within 3 Years |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing within 4 Years |
- |
- |
- |
- |
0.0 |
|
Long Term Debt Maturing within 5 Years |
- |
- |
- |
- |
0.1 |
|
Long Term Debt Remaining Maturities |
- |
- |
- |
- |
0.3 |
|
Total Long Term Debt, Supplemental |
- |
- |
- |
- |
0.5 |
|
|
|
Annual Cash Flows |
|
Financials in: USD (mil) |
|
|
|
|
|
31-Dec-2012 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated |
Updated |
Restated |
Updated |
Updated |
|
Filed Currency |
KRW |
KRW |
KRW |
KRW |
KRW |
|
Exchange Rate (Period Average) |
1126.848795 |
1107.891393 |
1156.281981 |
1276.385219 |
1100.562842 |
|
Auditor |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
PricewaterhouseCoopers LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income or Loss |
65.0 |
66.3 |
73.6 |
67.9 |
77.5 |
|
Depreciation |
54.0 |
49.5 |
42.2 |
35.7 |
43.7 |
|
Amort. of Intangibless |
4.7 |
8.8 |
3.1 |
2.8 |
2.9 |
|
Retirement and Severance Benefits |
10.0 |
9.8 |
6.3 |
5.5 |
7.7 |
|
Expense of Allow. for DA |
- |
- |
0.0 |
-0.3 |
- |
|
Amort-Bad Debt Exp. |
- |
- |
- |
- |
0.6 |
|
Interest Expenses |
1.4 |
0.5 |
0.4 |
- |
- |
|
Corporate Taxes Expense |
11.4 |
13.0 |
16.2 |
- |
- |
|
Commissions Paid |
0.0 |
- |
- |
- |
- |
|
Losses on Foreign Currency Translation |
- |
- |
- |
0.7 |
1.8 |
|
Miscellaneous Loss |
0.5 |
0.7 |
0.0 |
0.1 |
0.1 |
|
Loss on Invesment in JV |
1.7 |
0.4 |
- |
- |
- |
|
Losses on Valt of Inventories |
0.6 |
- |
4.2 |
- |
- |
|
Loss-Disposal of LT Assets Held
for |
- |
- |
0.1 |
- |
- |
|
Loss-Investment Assets Disposal |
- |
- |
- |
- |
0.0 |
|
Loss on Disposal of Property, Plant and |
0.2 |
3.0 |
0.5 |
0.6 |
1.0 |
|
Impairment Losses on Property, Plant and |
- |
- |
- |
3.3 |
- |
|
Loss on |
0.1 |
- |
- |
- |
- |
|
Impmt Loss on Development Cost |
- |
3.7 |
- |
- |
- |
|
Loss-Disposal of Trade Receivable |
- |
- |
- |
0.5 |
0.6 |
|
Loss-Other Investment Assets Reduction |
- |
- |
- |
- |
1.0 |
|
L-Dev't Cost Valuatn |
- |
- |
- |
4.0 |
1.7 |
|
Loss on Valt of Currency Forwards |
0.1 |
0.0 |
0.1 |
0.1 |
0.6 |
|
Interest Income |
-2.6 |
-4.7 |
-6.0 |
- |
- |
|
Dividend Income |
-6.0 |
-6.7 |
-8.9 |
- |
- |
|
Rec. of Allow. for DA |
- |
0.0 |
- |
- |
- |
|
Rec. of Losses on Valt of Inventories |
-0.4 |
-4.3 |
- |
- |
- |
|
G-Equity Method Val. |
- |
- |
- |
-8.9 |
-5.8 |
|
Gains on Invesment in JV |
-8.8 |
-10.2 |
-11.2 |
- |
- |
|
Gain on Valt of Currency Forwards |
- |
-0.3 |
- |
- |
- |
|
Gains on Foreign Currency Translation |
- |
- |
- |
-0.4 |
-1.9 |
|
G/L on Foreign Currency Transaction |
0.0 |
1.8 |
-0.2 |
- |
- |
|
Miscellaneous Gain |
0.0 |
0.0 |
- |
- |
- |
|
Gain on Fincl Assets Available-for-Sale |
- |
-3.9 |
- |
- |
- |
|
Gain-Disposal of LT Assets Held
for |
- |
- |
-3.1 |
- |
- |
|
Gain on Disposal of Property, Plant and |
-4.7 |
-0.3 |
-1.1 |
0.0 |
-0.4 |
|
Gain on |
0.0 |
- |
-0.2 |
- |
- |
|
Gain-Valuation of Currency Futures |
- |
- |
- |
-0.1 |
-0.3 |
|
Trade Receivables |
0.4 |
-39.5 |
-7.6 |
21.1 |
-54.2 |
|
Account Receivables |
- |
- |
- |
-0.7 |
1.6 |
|
Accrued Income |
- |
- |
- |
0.1 |
0.8 |
|
Prepaid Expenses |
- |
- |
- |
-0.7 |
0.3 |
|
Other Current Assets |
-13.9 |
8.2 |
0.4 |
- |
- |
|
Other Non-Current Assets |
-0.2 |
0.1 |
-0.2 |
- |
- |
|
Advance Payments |
- |
- |
- |
-6.4 |
-1.1 |
|
Inventory |
-39.7 |
-11.1 |
-35.8 |
22.8 |
-58.5 |
|
Trade Payable |
-30.4 |
29.1 |
7.6 |
37.1 |
-21.7 |
|
Account Payables |
- |
- |
- |
-18.7 |
18.5 |
|
Advances Received |
- |
- |
- |
0.2 |
0.2 |
|
Increase or Decrease in Unearned Income |
- |
- |
- |
0.0 |
- |
|
Currency Forwards Liabilities |
- |
- |
- |
-0.5 |
- |
|
Deposits Withheld |
- |
- |
- |
3.3 |
1.3 |
|
Security Deposits |
- |
- |
- |
0.0 |
0.0 |
|
Accrued Expenses |
- |
- |
- |
-3.8 |
5.7 |
|
LT Accrued Expenses |
- |
- |
- |
0.9 |
1.0 |
|
Deferred Income Tax Credit, A/L |
- |
- |
- |
3.7 |
-4.1 |
|
Deferred Income Tax Debit |
- |
- |
- |
-2.3 |
0.0 |
|
Accrued Inc Tax |
- |
- |
- |
-12.9 |
17.5 |
|
Other Current Liabilities |
-5.4 |
10.9 |
3.5 |
- |
- |
|
Other Non-Current Liabilities |
1.9 |
2.8 |
2.1 |
- |
- |
|
Payment for Retirement Allow. |
-6.4 |
-5.3 |
-4.2 |
-4.1 |
-2.4 |
|
Nation Pension Fund |
- |
- |
- |
0.0 |
0.0 |
|
Retirement Insurance |
- |
- |
- |
-2.8 |
0.6 |
|
Succession of Retirement Allow. |
- |
1.7 |
- |
- |
- |
|
Dividend Income |
- |
- |
- |
2.7 |
5.1 |
|
Currency Forwards, A/L |
- |
- |
- |
0.3 |
0.3 |
|
Cash-Interest Received |
3.1 |
5.7 |
5.4 |
- |
- |
|
Cash-Interest Paid |
-1.0 |
-0.5 |
-0.4 |
- |
- |
|
Cash-Dividend Income |
6.0 |
6.7 |
8.9 |
- |
- |
|
Cash-Tax Paid |
-11.0 |
-9.3 |
-13.6 |
- |
- |
|
Adj. for Cash Flow from Operations |
0.0 |
- |
0.0 |
- |
- |
|
Cash from Operating Activities |
30.6 |
126.3 |
82.4 |
150.7 |
41.9 |
|
|
|
|
|
|
|
|
Disposal of Securities Available-for-Sal |
- |
6.3 |
- |
- |
- |
|
Disposal of Financial Assets Held to Mat |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Disposal of ST Financial Assets |
- |
- |
- |
- |
81.8 |
|
Dec. Other Inv Asset |
- |
- |
- |
- |
0.2 |
|
Disposal Investments in Jointly Controll |
10.8 |
10.2 |
8.2 |
- |
- |
|
Current Fincl Assets, Net |
27.4 |
89.5 |
-17.3 |
- |
- |
|
Disposal Structure |
- |
- |
- |
- |
0.0 |
|
Disposal Machinery |
- |
- |
- |
0.9 |
0.3 |
|
Disp-Vehicles |
- |
- |
- |
0.0 |
0.1 |
|
Disp Tools/Equipment |
- |
- |
- |
0.0 |
0.1 |
|
Disposal of Intangible Assets |
0.6 |
0.0 |
2.0 |
- |
- |
|
Disposal of Property, Plant and Equipmen |
2.2 |
0.4 |
2.9 |
- |
- |
|
Disp-Fixtures |
- |
- |
- |
0.0 |
0.0 |
|
Decrease in Current Loans |
- |
2.6 |
- |
- |
- |
|
Disposal of Other Non-Current Assets |
0.4 |
0.3 |
0.4 |
- |
- |
|
Disposal of Non-Current Assets Held for |
- |
- |
7.4 |
- |
- |
|
Dec-Guarantee Dep |
- |
- |
- |
0.0 |
0.0 |
|
Increase in Government Subsidy |
- |
0.2 |
0.0 |
0.0 |
0.0 |
|
Purchase of Current Fincl Instruments |
- |
- |
- |
-54.9 |
- |
|
Purchase of Non-Current Fincl Assets |
- |
0.0 |
- |
- |
- |
|
Purchase of Fincl Asset Held to Maturity |
0.0 |
-0.1 |
-0.1 |
-0.1 |
0.0 |
|
Increase-Investment Securities |
- |
- |
- |
- |
-0.4 |
|
Purchase of Sec. Available-for-Sale |
- |
-1.9 |
- |
- |
- |
|
Purchase of Invmt in Subsidiaries |
- |
- |
- |
-1.3 |
- |
|
Purchase Invmt in Associates |
-47.9 |
-18.1 |
- |
- |
- |
|
Purchase of Construction in Progress |
- |
- |
- |
-53.1 |
-74.1 |
|
Purchase of Tangibles |
-193.8 |
-164.9 |
-61.7 |
- |
- |
|
Purchase of Membership Right |
- |
- |
- |
-0.7 |
-0.2 |
|
Purchase of Development Costs |
- |
- |
- |
-7.7 |
-8.5 |
|
Purchase of Intangibless |
-0.5 |
-3.4 |
-6.7 |
- |
- |
|
Purchase of Other Non-Current Assets |
-0.4 |
-1.6 |
-0.5 |
-0.8 |
-0.6 |
|
Increase in Current Loans |
- |
- |
-2.5 |
- |
- |
|
Cash from Investing Activities |
-201.3 |
-80.5 |
-67.9 |
-117.6 |
-1.4 |
|
|
|
|
|
|
|
|
Current Borrowings, Net |
-7.2 |
6.2 |
-0.7 |
- |
- |
|
Increase in Bonds |
88.4 |
- |
- |
- |
- |
|
Increase in Non-Current Borrowings |
28.6 |
- |
- |
- |
- |
|
Decrease in Treasury Stocks |
0.6 |
0.8 |
0.7 |
1.2 |
0.2 |
|
Dec-Curr LT Liabs |
- |
- |
- |
0.0 |
-0.1 |
|
Repayments of Long-term Borrowings |
- |
- |
- |
-0.4 |
- |
|
Dividend Paid |
-14.7 |
-14.9 |
-14.2 |
-12.9 |
-13.8 |
|
Cash Flow-Foreign Currency Translation |
0.0 |
0.0 |
0.0 |
- |
- |
|
Cash from Financing Activities |
95.6 |
-7.9 |
-14.2 |
-12.2 |
-13.6 |
|
|
|
|
|
|
|
|
Incs or Decs in Cash & Cash Equivalents |
-75.0 |
38.0 |
0.2 |
21.0 |
26.9 |
|
|
|
|
|
|
|
|
Cash and Cash Equivalents at Beginning |
113.8 |
77.7 |
74.3 |
46.0 |
26.4 |
|
Cash and Cash Equivalents at End |
38.8 |
115.7 |
74.5 |
66.9 |
53.3 |
|
Cash Interest Paid |
1.0 |
0.5 |
0.4 |
- |
- |
|
Cash Taxes Paid |
11.0 |
9.3 |
13.6 |
- |
- |
|
© 1983-2013 Reuters Research Inc. All Rights Reserved. |
|
Published by OneSource Information Services, Inc., November, 2013. |
|
|
|
Financials in: USD (mil) |
|
|
Except for share items (millions) and per share items (actual units) |
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© 1983-2013 Reuters Research Inc. All Rights Reserved. |
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Published by OneSource Information Services, Inc., November, 2013. |
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|
Financials in: USD (mil) |
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Except for share items (millions) and per share items (actual units) |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. |
|
|
1 |
Rs. |
|
Euro |
1 |
Rs. |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.